The Korean automotive industry is flying high.
Hyundai Motor Group, which owns both Hyundai Motor and Kia Motors, sold over 1.13 million vehicles in the United States last year, breaking the 1-million-plateau for the first time in the world’s most important market.
GM Korea, which introduced the Chevrolet brand last March, launched eight new cars in Korea in nine months and achieved record high sales.
Renault Samsung Motors emerged as French automaker Renault’s strategic center in Asia, exporting more than 137,000 of its key models with the Renault badge ― up 19 percent from a year ago despite disruptions in supply of auto parts after the massive earthquake in Japan.
Kia’s K5 sedan and Sportage R SUV swept major international design awards while Hyundai’s YF Sonata became the best-selling Korean car ever in the United States and China largely because of its design.
For full article see Korea Times.